Cloud of uncertainty hovers over the 600 employees of Jet Airways’ JetLite unit

The NCLT order of June 2021, which approved the JKC’s resolution plan paving the way for the revival of Jet Airways, said that the JKC had proposed to offer 100% equity held by Jet Airways in JetLite to the financial creditors, and if that was not acceptable, the JKC would have to liquidate the airline as soon as possible

Cloud of uncertainty hovers over the 600 employees of Jet Airways’ JetLite unit
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The NCLT order of June 2021, which approved the JKC’s resolution plan paving the way for the revival of Jet Airways, said that the JKC had proposed to offer 100% equity held by Jet Airways in JetLite to the financial creditors, and if that was not acceptable, the JKC would have to liquidate the airline as soon as possible